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Is renewable energy viable yet? How will it affect the future of the economy in the Middle East?

Taking about alternative sources of energy has been going on for decades now, but the main source of energy is still non-renewable fossil fuel by a large margin. Is it a purely technical issue? Or are there underlying economic and political roots to it? How will the economy look like when the "Green revolution" make a landing?

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تم إضافة السؤال من قبل Siham Amer , Financial Analyst , Noor Al Hikmah Group
تاريخ النشر: 2018/12/03
Denny Luyis
من قبل Denny Luyis , Teacher , TWP Translations Ltd

My prediction is that as people grow more aware of the impact they have on the environment, the adoption of renewable energy sources will increase. To lessen their negative effects on the environment, some companies are turning to photovoltaics and automation solutions like those found at https://fluix.io/industry-renewable-energy..

Carol Lawrence
من قبل Carol Lawrence

Renewable sources of energy will, without a doubt, have an impact on the Middle East, but one that will not be as significant as that of conventional sources.

Suhail Kayello
من قبل Suhail Kayello , CEO, Board Member , ZAWARIQ INDUSTRIES

Yes it is!

We already crossed the point of economic viability back in 2015 when the cost of generating energy from renewable was on level with traditional fossil fuels. Since then the cost of generating energy is on the decline.

Renewables are the right investment for the future because they offer the security of energy generation and environmental sustainability.

Green energy is green economy.  

 

Ben zarroug Sana
من قبل Ben zarroug Sana , Solar Project Manager , Scomme solaire

I think that the renewable energy will be the solution which will help the economy in the middle east , Its the time to think green and forget the dark energy 

Mohamad Ahmad
من قبل Mohamad Ahmad , Materials Officer , HYATT REGENCY RESORT

 

Yes, renewable energy will affect the Middle East, but not as strong as traditional energy

Ali REDOUANE
من قبل Ali REDOUANE

les énergies renouvlables ne sont pas encore viables par totalité (il ya des application de quelques kilowatt jusqu'a quelque megawatt .. mais..), le future des energies renouvlables est lieé au plusieures secteurs parmis ces secteurs et je dire principalement le secteur d'electronique de puissance et surtout premierement les convertisseurs statiques (onduleur -inverter-, redresseur -rectifier-), car ces convertisseurs sont le coeur du modeles des energies renouvlables, se sont trouves partout, ces convertisseurs à present ont plusieurs inconvenients sont tres sensible au faulte, poluante (injecton des courant harmonique au reseaux), comportement non lineaire ..., alors je situe des notes preves concernant les convertisseurs, deuxiement les elements de stockages est le grand probleme devant le develepement du secteur des energies renouvlable .. et d'autres .. , bon personelement je ne vois pas et je pense pas que les energies renouvlables sera connu un grande develepement au proche future (oui pour des petite aplication de secoures seulement), par contre le grande nombres de couplage de ces genres d'energies renouvlables au reseu ces derniers anneés participe essentielement de sa distorsion et sa dégradation (destortion harmonique, degradation de l'energie electrique disponible au reseu et donc movaise THD>5%), .. cette secteur et tres vastes j'ai mentioné les essentielles .., faite vous un petite recherche pour comprendre mieu ...

AMJAD BARKAT
من قبل AMJAD BARKAT , Tax Associate , KPMG Taseer Hadi & Co

Pakistan is endowed with potential renewable energy resources such as wind,solar, hydro, and biomass. These resources have the capacity to be major contributors to future energy production matrix, climate change reduction efforts, and the sustainable energy development of the country

salah mansouri
من قبل salah mansouri , directeur , entreprise traitement des déchets et espace vert

hello sihem 

yes of course that's the future deserve an investment

Kaviyarasan Karkannan
من قبل Kaviyarasan Karkannan , Assistant Electrical Engineer , power flow

The whole world and the world leaders, Peoples are looking eco-friendly and renewable sources in their own country despite non-renewable sources.

I am Sure that entire non-renewable fuel source will come to end while the replacement of renewable sources and it reflects entire oil minerals country, Better I thought they(GCC) should start and look some changes for the development which is given a good income, because most of the notional amounts are spent only for the citizen  scale without any country development and they will face internal problems, jobless, national security and some countries will face internal war at that time no other country will support weather western /Europe or Asian.

In this matter, the developed countries like Russia will never affect they always look and work for the future also I hope Iran will not affect from this matter. 

Emad Bassem Bochra
من قبل Emad Bassem Bochra , MEP Technical Office Engineer , EEC Group (Engineering Enterprises for Civil & Steel Constructions S.A.E.)

I think that renewable energy will be more familiar next decades. Fossil fuel has many disadvantages like it's causing pollution when using also it may be debleged gradually. So we should start make use of renewable energy to replace fossil fuel in any time.

soufiane hicher
من قبل soufiane hicher , Mechanical studies engineer , The Algerian Company of Electrecity and Gas Electrecity Production

 The Arab region in general and the Middle East in particular have enormous potential in renewable energies.    The average annual solar radiation in the region is one of the highest in the world. There are also air ducts that allow wind speed to be exploited through windmills, without reference to the heat energy stored in the ground.But despite this abundance, exploitation is still small compared to the abundance of it, and since this energy is renewable and environmentally friendly, it will undoubtedly contribute to the recovery of the economies of the countries of the region and reduce the impact of fluctuations in the prices of oil and gas .

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